Trusts and Estates
Montgomery McCracken’s Trusts and Estates Practice encompasses the full range of estate planning, business succession planning, and estate and trust administration services for individuals, closely-held businesses, charities, trusts, and estates.
Estate planning means planning for all of life’s major changes – marriage, divorce, birth of child or grandchild, starting a new job, purchasing, expanding or selling a business, going public, planning for the care of children with special needs, retirement, disability, the death of a spouse, or other family members and, of course, one’s own death.
We work with our clients regarding:
- Financial powers of attorney
- Health care directives or living wills
- Establishment of irrevocable life insurance trusts, grantor retained annuity trusts, qualified personal residence trusts, and generation-skipping trusts
- Establishment of charitable remainder and lead trusts
- IRAs and qualified and non-qualified retirement accounts including designating the beneficiaries
- Shareholders’ and buy-sell agreements
- Family limited partnership agreements
- Split-dollar insurance agreements
- Documentation for intra-family sales
- Pre-marital/nuptial agreements
- Will contests
- Will and trust interpretation
- Orphans’ Court and Surrogate Court litigation
Our focus at Montgomery McCracken is to make sure that the needs of the client and the client’s family are met in a way that will reduce the bite of income and estate and other transfer taxes and provide for creditor and other asset protection. We counsel our clients on gift-giving vehicles that will allow them to take advantage of the tax-reduction measures that remain available under the income and transfer tax laws.
While our client base includes a diverse array of individuals and entities, our practice has a particular focus in serving owners of closely-held businesses. For those clients, whose needs are often distinct and complex, we learn about their business and advise them with regard to tax-savings and business succession measures.
The Trusts and Estates Practice is committed to serving the specific needs of each individual client. Through careful advice and analysis, we provide our clients with estate plans and estate planning documents which are tailor-made to assist them in achieving their particular estate planning and personal goals.
15 Montgomery McCracken Attorneys Listed in The Best Lawyers in America© 2023
Montgomery McCracken is pleased to announce that 15 of the firm’s attorneys have been recognized in the 2023 edition of The Best Lawyers in America© in their respective practice areas. Since […]
Montgomery McCracken Named in 2022 Edition of U.S. News – Best Lawyers® “Best Law Firms”
Montgomery McCracken is pleased to announce that the firm was nationally ranked in four practice areas and regionally ranked in 12 practice areas by U.S. News & World Report and Best Lawyers in […]
15 Montgomery McCracken Attorneys Listed in The Best Lawyers in America© 2022
Montgomery McCracken is pleased to announce that 15 of the firm’s attorneys have been recognized in the 2022 edition of The Best Lawyers in America© in their respective practice areas. […]
Senator Sanders Introduces “99.5% Act” Which Would Increase Estate Taxes and Overhaul Estate Planning
Senator Bernie Sanders has introduced in the Senate what he calls the “99.5% Act” (the “Act”). For individuals dying and gifts made after December 31, 2020, the Act would substantially […]